Less competition (Closure of DJ) for MYR.......equates to better presence of MYR S so more sales.......
Can someone please confirm that their FCC was up from $64m FY18-19, to $211 by Dec 2019........I assume the EOFY would be even higher.......
800% online sales growth on last reported $292m online salesH12020 online sales were $162 therefore with growth of 800% >> $162 x 8= $1296mwith some risk to higher salaries.
H12020 reported sales of $1607m less online sales = 1607-162=$1445
Based on this total sales $1445 + $1296m= $2,741m by 1Q2020
Sales upto 1Q202 + 2Q2020 = $2741m+ $129= $2,870m
Total sales in 2019 were $2991m
And then Q2-2020 AFR reported very high retail sales,
Overall I expect revenue to fall 4%
(I'll be checking my theory once the results come out soon)
Waiting for the report, which should come soon
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